We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom bungalow · PE11 4QB
Listing removedListed 323 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ACCOMMODATION Part glazed UPVC front entrance door to: FRONT ENTRANCE/STUDY 7' 10" x 13' 11" (2.39m x 4.25m) 2 radiators, vinyl floor covering, door opening into: L SHAPED HALLWAY 14' 9" x 4' 9" (4.52m x 1.46m) plus 5'6'' x 2'11'' (1.70m x 0.91m), radiator, access to loft space, 2 ceiling lights, doors arranged off to: SITTING ROOM 12' 9" x 11' 9" (3.89m x 3.60m) plus curved UPVC bay window to the front elevation.
Dual aspect with second window to the side elevation, log burner set within brick fireplace with timber mantle and display plinth, radiator, ceiling light with propeller style fan.
BEDROOM 1 11' 11" x 12' 5" (3.64m x 3.80m) plus curved UPVC bay window to the front elevation. Radiator, ceiling light, recessed double wardrobe.
BEDROOM 2 12' 7" x 10' 9" (3.86m x 3.30m) Fitted wardrobes into one alcove, UPVC window to the side elevation, coved cornice, ceiling light, radiator.
STORE ROOM 4' 10" x 2' 11" (1.48m x 0.91m) Obscure glazed window, shelving, coat hooks, radiator.
BATHROOM 7' 5" x 10' 0" (2.27m x 3.06m) Four piece suite comprising walk-in shower with Triton shower unit, bath with side mounted mixer tap and shower attachment, pedestal wash hand basin, low level WC, vertical radiator/towel rail, tiled floor, radiator, fully tiled walls, obscure glazed UPVC window, 2 ceiling lights.
DINING KITCHEN 16' 4" x 12' 2" (5.00m x 3.71m) maximum Range of units comprising base cupboards and drawers, integral waste bins, roll edged worktops, single drainer stainless steel sink unit with mixer tap, 5 burner LPG hob with cooker hood above, plumbing and space for dishwasher and washing machine, tiled splashbacks, Neff electric double oven with adjacent storage units, tile effect vinyl floor covering, 2 ceiling lights, coved cornice, UPVC window to the rear elevation, radiator, UPVC French doors opening into: CONSERVATORY/GARDEN ROOM 12' 5" x 14' 4" (3.79m x 4.39m) maximum L shaped with pitched polycarbonate roof, tiled floor, dwarf brick (inner tiles) and UPVC double glazed construction, electric heater.
Also from the Kitchen folding door opening into: MUTLI PURPOSE AREA INCLUDING:- INITIAL SPACE 9' 2" x 6' 0" (2.81m x 1.83m) Ceiling light, glazed UPVC external entrance door, side window, doors to: CLOAKROOM 4' 4" x 4' 1" (1.33m x 1.25m) Two piece comprising low level WC and wash hand basin, partial wall tiling, vertical radiator/towel rail, ceiling light, obscure glazed UPVC window.
STORE CUPBOARD 4' 2" x 4' 1" (1.28m x 1.27m) Double power point, ceiling light, shelf, tumble dryer outlet.
From the Initial Space open access into: BEDROOM 3/FURTHER RECEPTION SPACE 10' 9" x 10' 6" (3.28m x 3.21m) 2 UPVC side windows, ceiling light, radiator, cupboard housing the oil fired central heating boiler with shelving.
AGENTS NOTE In the Agents opinion the area off the kitchen including the initial space, third bedroom, cloakroom and store cupboard could easily become a self contained annexe or work from home office space as required.
EXTERIOR The property occupies a generous sized plot with established gardens, various fruit trees, soft fruit bushes etc extensive and ample parking area and turning bay.
Immediately adjacent to the Conservatory there is a paved area along with a covered seating area. The property has a concrete sectional garage, metal storage container and timber shed.
DIRECTIONS From Spalding proceed along Pinchbeck Road in a northerly direction continuing through Pinchbeck, Surfleet and on to Gosberton.
At Gosberton following the right hand bend into Boston Road, then after 400 yards, turn left signposted Quadring Eaudyke.
The property is situated on the right hand side almost opposite the turning into Watergate. AMENITIES Semi-rural location next to adjacent working farm.
The nearby village of Gosberton has amenities including a doctors surgery, various shops, primary school etc.
Spalding is 8 miles distant offering a full range of shopping, banking, leisure, commercial and educational facilities along with bus and railway stations.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About New Road, Quadring Eaudyke
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